Broadcom Inc. $AVGO Shares Sold by Hager Investment Management Services LLC

Posted by Mitch Edgeman on Feb 26th, 2026

Hager Investment Management Services LLC lowered its position in Broadcom Inc. (NASDAQ:AVGO – Free Report) by 10.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,604 shares of the semiconductor manufacturer’s stock after selling 3,515 shares during the quarter. Broadcom accounts for approximately 5.6% of Hager Investment Management Services LLC’s holdings, making the stock its biggest holding. Hager Investment Management Services LLC’s holdings in Broadcom were worth $10,426,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC lifted its holdings in shares of Broadcom by 21.8% in the 4th quarter. Brighton Jones LLC now owns 29,683 shares of the semiconductor manufacturer’s stock worth $6,882,000 after purchasing an additional 5,322 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in shares of Broadcom by 10.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 7,997 shares of the semiconductor manufacturer’s stock worth $1,854,000 after buying an additional 756 shares in the last quarter. United Bank raised its position in Broadcom by 76.5% in the first quarter. United Bank now owns 2,339 shares of the semiconductor manufacturer’s stock worth $392,000 after acquiring an additional 1,014 shares in the last quarter. Sivia Capital Partners LLC raised its holdings in shares of Broadcom by 10.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 12,693 shares of the semiconductor manufacturer’s stock worth $3,499,000 after purchasing an additional 1,160 shares in the last quarter. Finally, Capital & Planning LLC lifted its position in shares of Broadcom by 10.5% during the 2nd quarter. Capital & Planning LLC now owns 3,983 shares of the semiconductor manufacturer’s stock valued at $1,098,000 after acquiring an additional 378 shares during the last quarter. 76.43% of the stock is currently owned by institutional investors.

Broadcom Stock Up 2.1%

NASDAQ AVGO opened at $332.31 on Thursday. Broadcom Inc. has a twelve month low of $138.10 and a twelve month high of $414.61. The stock has a market cap of $1.58 trillion, a PE ratio of 69.81, a PEG ratio of 1.04 and a beta of 1.21. The firm has a 50-day simple moving average of $336.92 and a 200 day simple moving average of $342.35. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.58 and a current ratio of 1.71.

Broadcom (NASDAQ:AVGO – Get Free Report) last posted its quarterly earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 EPS for the quarter, beating the consensus estimate of $1.87 by $0.08. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.The firm had revenue of $18.02 billion during the quarter, compared to analysts’ expectations of $17.46 billion. During the same quarter in the prior year, the firm posted $1.42 EPS. The company’s revenue for the quarter was up 28.2% on a year-over-year basis. On average, research analysts forecast that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were given a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 0.8%. This is an increase from Broadcom’s previous quarterly dividend of $0.59. The ex-dividend date of this dividend was Monday, December 22nd. Broadcom’s dividend payout ratio (DPR) is 54.62%.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

Positive Sentiment: Broadcom launched its BroadPeak chip aimed at 5G Advanced/6G that cuts power consumption ~40% and targets carrier and infrastructure upgrade cycles — a potential long-term revenue driver. Broadcom Inc. (AVGO) Launches BroadPeak, Here’s What You Should Know
Positive Sentiment: Analysts and firm notes highlight AI tailwinds and a higher long-term valuation baked into models — supporting upside expectations for semiconductor and AI revenue. TD Cowen Adjusts Broadcom (AVGO) Valuation, Highlights Long-Term AI Tailwinds
Positive Sentiment: Market commentary (and some analysts) position Broadcom as a buy ahead of earnings, citing its growing AI chip business layered on a stable legacy base. Here’s Why Broadcom Stock Is a Buy Before March 4
Positive Sentiment: Company forecasts and analyst previews expect AI revenue to double and semiconductor revenue to grow strongly, raising expectations for an earnings beat next week. AVGO Expands Connectivity Portfolio to Tap 6G: What’s Ahead?
Positive Sentiment: Several previews (Seeking Alpha, Zacks) argue Broadcom is positioned for another “double-beat” on revenue and EPS, which is likely supporting buying into the report. Broadcom: Set For Another Double-Beat Next Week (Earnings Preview)
Neutral Sentiment: Wall Street note: analysts expect earnings growth next week but Zacks cautions Broadcom may not have the typical setup for an easy beat — watch guides and AI revenue disclosure. Broadcom Inc. (AVGO) Reports Next Week: Wall Street Expects Earnings Growth
Neutral Sentiment: Broadcom’s next quarterly dividend was reiterated with a payment date in late March, supporting the stock’s income profile but not materially changing growth outlook. Broadcom to pay dividends on March 31; Here’s how much 100 AVGO shares will earn
Neutral Sentiment: Coverage pieces and trading commentary note the stock is higher intraday but many analysts say the “real move” will depend on the upcoming earnings release and AI revenue details. Broadcom stock is up 3% today, but analysts say real move is ahead
Negative Sentiment: Recent session note: the stock had a pullback yesterday, indicating some near-term volatility ahead of results. Broadcom Inc. (AVGO) Stock Declines While Market Improves: Some Information for Investors

Analyst Upgrades and Downgrades

Several research analysts have commented on AVGO shares. Susquehanna reiterated a “positive” rating and issued a $450.00 target price (up from $400.00) on shares of Broadcom in a report on Thursday, December 4th. Oppenheimer boosted their target price on Broadcom from $435.00 to $450.00 and gave the stock an “outperform” rating in a report on Friday, December 12th. TD Cowen restated a “buy” rating on shares of Broadcom in a research note on Friday, December 12th. Robert W. Baird set a $420.00 target price on shares of Broadcom in a research note on Friday, December 12th. Finally, KeyCorp reissued an “overweight” rating and set a $500.00 target price (up from $460.00) on shares of Broadcom in a research report on Friday, December 12th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Broadcom presently has a consensus rating of “Buy” and a consensus price target of $433.13.

View Our Latest Stock Analysis on AVGO

Insider Activity

In other Broadcom news, Director Harry L. You purchased 1,000 shares of the stock in a transaction on Thursday, December 18th. The shares were purchased at an average price of $325.13 per share, with a total value of $325,130.00. Following the acquisition, the director directly owned 36,602 shares of the company’s stock, valued at $11,900,408.26. This represents a 2.81% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Hock E. Tan sold 70,000 shares of the stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $347.30, for a total transaction of $24,311,000.00. Following the completion of the transaction, the chief executive officer owned 132,836 shares of the company’s stock, valued at approximately $46,133,942.80. This represents a 34.51% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 779,101 shares of company stock valued at $283,804,325. 2.00% of the stock is owned by insiders.

Broadcom Profile

(Free Report)

Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company’s semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia.

On the semiconductor side, Broadcom’s portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon.